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20121004
20121004
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is structurally sound. it's going to have to be tweaked the way it was by ronald reagan and democratic speaker tip o'neill. but the basic structure is sound. but i want to talk about the values behind social security and medicare. and then talk about medicare because that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparents did. my grandfather died a while back, my grandmother died three days before i was elected president. and she was fiercely independent. she worked her way up only had a high school education, start as a secretary, ended up being the vice president of a local bank. and she ended up living alone by choice and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee, a floor under which she could not go. and that's the perspective i bring when i think about what's called entitlements. you know, the name itself implies some sense of dependency on the part of these folks. these are folks who have work
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